On 24 March, 2015, Xiwang Food Co., Ltd. (Xiwang Food) published its 2014 annual report. Accordingly, the company’s revenue and net profit went down by 22.9% and 35.1% year on year respectively, both due to the slipping sales volume of corn oil.
On 26 Oct., 2014, Xiwang Food Co., Ltd. (Xiwang Food), one of the leading corn oil companies in China, revealed its Q3 report for 2014, according to which, the company achieved a revenue of USD220.8 million in the first three quarters of 2014, down by 24.14% year on year;